Tabi, an NFT marketplace on BNB Chain, has completed a $10 million angel round of financing with participation from Animoca Brands, Binance Labs, and others.

According to BlockBeats news on May 29th, Tabi (formerly known as Treasureland), an NFT marketplace on BNB Chain, completed a $10 million angel round of financing, with investors including Animoca Brands, Binance Labs, Draper Dragon, HashKey Capital, Infinity Crypto Ventures, and Youbi Capital, as well as individual investors such as Feng Bo (Dragonfly), Riyad AD (Saudi Arabia), and Suji Yan (Mask Network). This round of financing will be used to develop Tabi's gaming ecosystem and upcoming on-chain identity protocol. In addition to NFT trading and Launchpad functions, Tabi will also convert users' on-chain activities into "experience points" that can be used to redeem future airdrop rewards and profits. Tabi founder Xavier Lee stated plans to launch an "NFT Incubation Fund" to incentivize developers to design their products, art, and brands on BNB Chain.